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re: Gold dropping today

Posted on 5/27/14 at 1:16 pm to
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 5/27/14 at 1:16 pm to
Exactly, some people just have an inate drive to buy high and sell low. They think they are hedging but are really only making loss a sure thing. Thank god for them because there can be no winners without losers.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/27/14 at 2:03 pm to
The Rivers gold bug crowd scattered like roaches once the market picked up.

Those guys missed a 65% run in the stock market (ignoring the dividend yield) to hold on to that hunk of metal that isn't making them anything and is worth 20% less now.

Unfortunately, those types soured most of the better posters on this board.
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